Default Relief For Suzlon?

Feb 06 2014

February 6: Bloomberg has learnt that the wind-turbine maker expects to get an extension on $209 million of defaulted debt, as early as next week. Now, Bloomberg TV India has learnt that Suzlon's domestic lenders may take the lead in providing relief for the company. Suzlon has been in talks with bondholders for a five-year extension for the dollar-denominated convertible debt. Amritha Pillay shares more details on the same.